ON – Information issued on upcoming changes to Estate Administration Tax

The province of Ontario levies an Estate Administration Tax (formerly known as probate fees) on the total value of the estate of a deceased person. In this year’s budget, the provincial government announced that a number of changes would be made to that Estate Administration Tax, effective as of January 1, 2020.

The changes announced will affect both the rate of tax charged and the reporting deadlines for estate administrators. Ontario Finance has provided information on its website outlining those changes, and that information can be found at https://www.fin.gov.on.ca/en/tax/eat/index.html.